Offer at a glance
- Maximum bonus amount: $300
- Availability: Applicants must be at least 18 years old and live or work in Essex County.
- Direct deposit required: recurring direct deposit of $500+
- Additional requirements: Keep account in good standing
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: None
- Household limit: None listed
- Expiration date: 2/28/2026
The Offer
Direct link to offer
- Luso American Credit Union is offering a $300 bonus when you open a new checking account and complete the following requirements
- Receive a qualifying recurring direct deposit of $500+
The Fine Print
- Offer valid for new Luso American Credit Union checking accounts opened from 12/10/2025 through 2/28/2026 only.
- To qualify for the $300 bonus, an individual must open a new checking account during the promotional period and complete all required qualifying activities within the stated promotional period.
- Qualifying activities include establishing a recurring direct deposit of $500 minimum and maintaining the account in good standing.
- Bonus will be deposited into the member’s checking account within 30 days after the requirements are met.
- Offer not available to existing Luso checking account holders or those who have closed a Luso checking account within the past 12 months.
- Limit one bonus per individual.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fee
Early Account Termination Fee
There is no mention of an EATF in the fee schedule.
Our Verdict
Shame it’s only available in that one county. If anybody goes for it please share your experiences in the comments below.
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- PSA: Don’t Call The Bank
- Introduction To ChexSystems
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